Truck leasing offers both financial and operational advantages: Financially, a company benefits by reserving capital for other parts of its business that generate higher returns; and, operationally, leasing facilitates concentration on core business functions. The common perception that truck ownership provides better control may prove false. In many situations, owning trucks involves inherent risk. Among a multitude of variables are equipment value at trade-in time, maintenance costs over equipment service life, obsolete or stranded assets due to improper replacement cycle, and costs associated with hiring, training and tooling technicians to keep up with ever-changing truck technology.
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